2012-11-12
2012-11-20
x china

STATION
CSPAN 26
CNBC 22
CSPAN2 22
CNNW 10
KRCB (PBS) 9
CNN 7
KQED (PBS) 7
WETA 7
MSNBCW 6
WMPT (PBS) 5
KPIX (CBS) 4
KQEH (KQED Plus) 4
WHUT (Howard University Television) 4
KTVU (FOX) 3
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LANGUAGE
English 170

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and how do you use technology, how do you use your people best, it's a full-time job, and it spans the gambit. we have initiatives from fuel efficiency, travel, how you do your people processes differently, and we in the dc mode team spent a lot of time thinking about the business i.t. that under lays all that is correct and how could you -- all that, and how could you come up with better outcomes. >> let's go to, what would you say is sort of one of the most concrete things that has had the most cross-cutting impact that you guys have instituted that's really going to make major change? >> you know, one of the things we're excited about is we've created a strategic management plan for the department of defense, so for the first time in its history, in the business side, we have strong articulated goals that are about outcomes you want to achieve. articulated by the business leader. well understood and articulationed and able to be acted on. the strategic management planning covers all the major areas of business, if you will. financial management, people, energy, how you buy thing

america are movies, tv, science, technology. they're not keen on democracy as america preaches it. heading into another four years of the obama administration, where are we, and why are we here, and how do we get somewhere else? what went wrong, what is going right, and what to do about it going forward? >> first of all, i do not think that favorability ratings and the pew surveys of evidence of whether we're doing something wrong or right. i think it is a huge mistake for anybody who practices public diplomacy to think that his or her job is to win a popularity contest. well i guess maybe some of us who were in the bush administration can take a certain pleasure in effect in 2008, the favorability ratings for the united states were higher in four out of the five surveyed arab countries -- i am not even going to bring that up. [laughter] and it is a big mistake. in my view, and what i tried to do during my short tenure as undersecretary, is try to focus attention on what public diplomacy can do to achieve specific ends that are part of their goals in foreign policy and national security po

that there are cheaper technological solutions to our national security problem and the most obvious exponents of this is drones and other remote wrote -- invading a country, you can just the public perceives and many of thes received drone along its border. there's a fascinating strategic conversation about whether that is correct and will work out over time. there's also as anyone who has worked in this field knows, the fact that technology is rather expensive and that also justifies the need for an endless growing budget if your security is completely dependent on keeping your high tech offense ahead of both lower tech defense your adversaries will navigate against you. so technology is put forward and believed by the public to be a budget panacea but it is not. the third point that should be made about appetite is -- i would go further and say we saw in this election at the presidential level and the congressional level went across party lines and effort to make candidates pay for expressing willingness to cut pentagon spending and had zero effect and the massive infusion of corporate cont

to manhattan, kansas. >> may know more about technology than a tomcat's knows about baking gingerbread. >> welcome to our viewers. israel killed the military commander of hamas and launched a series of attacks. hamas vowed in this would open the gates to hell. military action will continue. >> for the people of gaza, it looked like a war, and as in most wars, civilians are caught up in the violence. the first target today was the biggest hamas's most senior military leader was typify and -- hit by a military strike. he died instantly. hamas says this is a major provocation. good >> they will pay a price for this, because he was one of our most exceptional leaders. >> she sat at the top of the military wing. tonight israel published these images. the army released video footage of him being tracked and the moment when his car was hit. israel said the strike followed a wave of rocket attacks from gaza. >> i can just elaborate the target was to protect israeli civilians. they have been under constant rocket attacks for the last year. >> gaza is expected to face more casualties, among them

by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation

policy, whether government should support business ventures in new technologies that are unable to secure private funding. government appears to be worse at this than private markets from the records we have over the past five years. in contrast in a speech in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company it makes it harder for solar technology generally because the other entrepreneurs in the solar field suddenly lost their opportunity to get capital. who wants to put money into a solar company when the government put half a billion dollars into one of its choice. excellent question. i wrote this book because we are not just spending half a billion dollars. we are spending $12 billion a year to make electricity more expensive rather than cheaper. that is $6 billion in tax breaks and $6 billion in direct expenditures. the green jobs that makes no sense and has low-income americans, we brainwash our children to think that green is good and fink uncritically about green products and green jobs and yet we can

as advances in military and defense technology. from last week, this runs just over an hour. >> ladies and gentlemen, welcome. my name is gideon and i'm the editor of foreign affairs and it is a wonderful privilege and honor and pleasure to be here again at the halifax from. foreign affairs is in the business of serious discussions by knowledgeable people with important issues, free and frank exchanges on the most important questions out there and that's actually the same business that halifax is and so we are delighted to be the media sponsor, and it is going to be fantastic weekend. let me just cut right to the chase. we have a fantastic panel, and more importantly, a great topic and a wonderful group with all of you as well and so let's get right to it. our panelists here, david singer of "the new york times," the former undersecretary deputy secretary of state for global affairs now a fellow at the center at harvard. the head of telefax holders distinguished sibling, the munich security conference where they have a great group. the point of the session is to do some big thinking on

. we had had a trade surplus last year for first time in almost ho years. and with technology investment many the u.k., now at 10-year high, it's not just the omed industries that are growing again, it is the new. so with all this and more, i truly believe that in this new century, just as in the centurys that came before, our done fri, britain can succeed. so let me turn. helping britain sell abroad is the fy tall part of the answer. but winning abroad actually begins at home. our country will only rise if we let our people rise. if we break aspiration and those who wanted to get on in life that means sorting out our welfare system and education because the most powerful natural resources we have are our people. i took the whole cabinet today to an academy school in bristol to show the transformation we need in our education system right across country. we need schools with high standards and high expectations so all our children get a proper start in this new competitive world. of course, we also need to deal with the deaf so it we can safeguard low interest rates and give b

advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. so i brought it to mike at meineke. we gave her car a free road handling chec

to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> now for our "what in the world" segment. if history is any guide, second terms are often disrupted by a foreign policy crisis. it's easy to see how that might happen over the next four years with iran or syria, but there's a distinct possibility that the next big foreign policy crisis will take place somewhere else. perhaps thousands of miles away in asian waters over five islands and three barren rocks, all uninhabited except for a few goats. for months now, chinese and

in second place to those countries in the new technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout was surging. president winning more of the latino votes but even winning the cuban votes. you saw young votes exceeding the turnout from four years ago surprising most analysts. you saw african american turnout. you saw the excitement of the first african

and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the government does not do it alone. they do it in concert with our partners and our partners are the private sector. for those of you were talking to earlier, with the work for the government or the private sector, you can contribute no matter where you are in whatever your professional desire is. this private-sector holds a lot of data and these are pretty profound -- their protection of the priorities is he has a list of priorities. this is the top five. the cyber threat is among the most serious challenges we face as a nation, and america's prosperity will depend on cyber security. the united states does have a huge challenge. we have a much larger body of sensitive and potentially damaging information to protect in most cou

for systems for r an d. science and technology. the benchmark needed in western pacific. there's a whole pan plea of means which we will rebalance. ships are important they are good measure. there's more as we look forward the future and we meet the requirements of our defense strategic guidance in the regard. so having laid that out, i commend that to you as our future and how we see things today as we prepare our budget for fiscal year 14. it's to support the theafort i mentioned to you. i think we're on track and prepared to meet our national security commitment to the regard and the defense strategic guidance. thank you very much. i look forward to your questions. [applause] your article in foreign policy speaks to balancing the force. how do international navies play in to your stag -- strategy? >> the international navy play in to the descrat gi by mission. i think and by alliances that we've had. let me speak to the alliance. i just spoke to the western pacific, the japanese maritime self-defense force plays a we cooperate with them to share what we call long range track mission there

technology company. certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c

the parched lands of the sahel and congo, technology is transforming things. everything is speeding up. everything is opening up. now, if i can talk about something i actually know about for a moment. this feeling reminds me a little bit, maybe more than a little bit of the arrival of punk rock in the mid 1970's. you see, the clash were the very base of the rock and roll pyramid and overnight gave the finger to the dreadful business, the lurgy at the time that was at the top of the pyramid. it was called progressive rock. epic lyrics, no hooks, no -- great reviews. [laughter] punk bands made no reference of being worthy of the audience. if you want to play, great, grab a guitar and you're in. the clash were like a public service announcement with guitars, and they gave youtube the idea that social activism could make for a very musical riot. so i'd just like to point out that none of your professors, not a single one, not ever has ever drawn or is likely to draw the connection between the arab spring and the clash. just a little intermission. [applause] and ok. sharpen your pencils. i

a major, new bold investment program, going into a new market, expanding a new technology, ect., you are worried about what the tax rate will be when that's generates cash in nine years. the best thing to do is create a lower rate, an expectation that there's not giant tax increases later. >> i agree with that. i think we should do in, but, a, you know we have the highest statutory right and no higher than average effective rates because we have the narrowest base of owl corporate income in the world. >> yeah. >> one of the reasons we have that system is because people like us argued for many years that the more efficient thing, the more, the better way to encourage investment was not to cut the corporate rate, but to have massively accelerated depreciation, expansion of investment, focusing on incentives rather than cutting the rate overall. i think the intuition is changing, but the way we're going it cut the rate is not by closing loopholes, but come out a painful expansions of the base like getting rid of accelerated depreciation and things which have a value so i think -- >> is

requirements to install the new or clean-air technologies. chevron says it will repair, not replace, and existing equipment with what was damaged on the massive august 6th on august of this explosion. the company says it will voluntarily cut air pollution emissions, and replace about one-third of the facilities potentially leaky valves and fittings. also, the latest from canceling drtypical $4. the-gasoline prices below $4 per gallon. >> if you are in san francisco it is $3.98. and that a 75 cents less than just one month ago and the one reason we are paying less at the pump is because the refineries are now at full capacity many were taken off line during the summer for maintenance and all the are of lying to that helps with supply and also the winter blend is not as much to produce as the summer blunt. that is why gas prices are also down as that-summer blin-summer blend..s more expensive to produce. and now, with the fall people are not driving as far as in the summer. and as horrible as hurricane super storm sandy it really cut down on the usage of gasoline in that area and that

? it happened because of the force of power of the information technology boom, the creation of private credit, and rapid increase in tax revenues. stephanie showed us something that was not a forecast at the time. those who were there in 2000 remember that the secretary of the treasury at the time and the chairman of the federal reserve were talking about a 13-year horizon for the complete elimination of the public debt. there was no forecast that the technology boom would come to an end, but it did. from 2000 onward, we were back into a more normal position of the government running substantial deficits as the private sector rebuild its financial position. that is the first point. long-term forecasts, the idea that one can control the future position of the debt and deficit by actions taken today, is an extremely tenuous and debatable idea. the second point is that there are certain assumptions being made which create extremely scary scenarios. those numbers that were shown -- in stephanie's presentation, the expectation that public debt would rise close to 200% of gdp by 2005. what is that

cain in ohio, and came within two points. the technology included the so-called system, which was the republican get out the vote technology to ensure we targeted people to get to the polls. that imploded. i'm told on election day, actually, so many hits from around the country as it should have saying, gee, this person voted, this person didn't, target calls, thought it was under attack, and closed down. for those of you here from, again, the technology field with the politics, we, republicans, want to talk to you. [laughter] we need help. the democrat system is calledded gordon, it was effective at microtargetting, and i heard a lot of antedotes, and you'll love somebody gets a call who is a democrat in law school, and it was gee, you know, we see that you have voted, this information is public available. we see you voted at two o'clock on election day, but your sister, at two lane, has not voted, could you call her? that's the level at which they were dealing, whereas, you know, we were flying blind at that point. part of it is technology, and part of a turnout that was imp

by technology stocks and also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure just creeping up just by a tad. now, in the u.s., a slightly grimmer picture. major u.s. indices have fallen by 5% since the election day. this month already stacking up to be the worst november for the dow and the s&p 500, ninth worst november since 1973. so it's been pretty dismal trade if you're an equity holder. hi, charles. we talk about this and we're looking at a bounce in europe this morning. do we think the grimness will continue? >> i think the equity markets, they couldn't really believe bond the election until it was out of the way. you had clearly different scenarios fending on who won. having got that we were left with very much the same political structure that we had going into it. so you had to reprice in some tail

will be better equipped. it will mean less spending on technology, less capital available, and less capital for entrepreneurs. a decline in american ingenuity would be a consequence and over time, there would be a decline of more -- our position. as oil prices adjust, market forces could reach a point where investors refuse to buy u.s. treasury bonds. we see investors' reaction to the potential of these realizations now through an aversion to risk. trillion7's, over $1 have flowed into bonds and a greater amount has flowed out of equities. in addition, this act set as a deterrent for investment 3 $1 trillion moving into fixed income where fixed-income is basically paying zero. that shows a fundamental aversion to risk which is new to our society and culture since 2007. for companies able to access the credit markets, the times have been pretty good. investors' appetite for this debt translates into cheap money for many companies. many star companies and this applies to what glenn was reckoned -- referencing -- [inaudible] rely on equity financing. the vicious cycle we're in today, the side

making the wood fire resistant. taking advantage of this technology he's in charge of a big project. the projes collaboration between industry and a leading university. its aim is to construct a high-rise biluilding using noncombustible lumber. wooden buildings are lighter than steel reenforced ones and the elastic allows vibrations to be absorbed. because of this they are known to be resilient to rthqkes. disaster may strike again but he's determined to keep contributing to the creation of materials that can with stand damage. >> translator: noncombustible lumber is useful for building a nation and we'll be able to provide special spaces of a type never seen before. >> reporter: is it possible to build a whole noncombustible town? he aims to take up the challenge. >>> the government abolished prepublic sensorship earlier this year. media is discovering new ways to question authority. we report on a comic artist who has documented some of the changes. >> reporter: standing in the largest city. it has a variety of newspapers and magazines. many publications include satirical cartoons

holdings, marvel technology. >> i think that technology is being passed by. it is a very poorly run company. maybe the 3% yield helps it. i don't want anything to do with that stock. i would like to go to cody in michigan. cody? >> caller: boo-yah. >> wow. nice. >> i want to know what you think of ttc? >> yeah, it's a great housing play. it's a winner. i feel like it's going to continue to win. and let's go to carol in big missouri. carol? >> caller: boo-yah, jim! >> nice overtime win there, carol. what's up? >> caller: yeah, i'm wondering if you think alcoa aluminum is poised for a rebound in 2013. >> in 2013, yes. it does have tremendous tax law selling between now and year end. that is one horrible commodity that he has to deal with. it was like, you know, the copper corporation would be doing good. let's go to daniel in virginia. daniel? >> caller: yes? >> go ahead, daniel. you're up. >> caller: yep. >> you're up. >> caller: yeah, i'm wondering about ssys. >> stratus. yeah, that thing up is too much. that is a register ringer if i ever saw one. i don't want to be in a technology stock u

rushed, particularly technology companies rushed to europe. you'll see in q-1 companies saying, look, we have maintained our european. don't worry about european. if they don't say it, i think we'll sell the stocks. >> worse before it gets better was on the conference call. >> industrial production misses this ridiculous fight between the eu and imf. bank of england cutting growth outlook for the u.k. >> gdp tomorrow. it will be terrible. alco alcoa being struck because they try to close a plant. the conversation will be at the beginning of the conference call and europe -- we're managing europe down to x. european we're going to close europe. ford motor gave you an example of what will happen. we won't let europe bring our company down. latin american, asia turn turne. we won't let europe ruin us. europe will be isolated. that's what happens if you decide to go off the grid like they're doing. their major issue is carbon tax. they keep talking about carbon tax. the european, the german power company talking about having too much solar power which is bringing down and able to make money

the holiday stress. fedex office. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. heartburn symptoms causedelieve by acid reflux disease.etter one osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. >>> i'm not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> we should not

which ignores the quantum leap in weapons technology between then and now. as the president pointed out in the debates, no other country comes close. >> we spend more on our military than the next ten countries combined. china, russia, france, the united kingdom, you name it, next ten. >> reporter: sequestration would not change that according to the center for strategic and budgetary assessment, it is not the size of the cuts, about $50 billion a year that would be so damaging but the fact that they would be across-the-board. panetta adds that except for military pay every program from the joint strike fighter military band was be cut by the same amount, 23%. >> it's absolutely a foolish thing to do. if you want to cut the defense budget that's fine. this is a foolish way to do it. >> reporter: in other words, if the pentagon were allowed to pick and choose its cuts sequestration might not be the disaster secretary panetta is predicting. david martin, cbs news, the pentagon. >> glor: pentagon contractors aren't the only one in with a stake in this debate. 120,000 small contractors take

interesting. >> a lot of western technology firms build for instance disk drives in thailand. when thai experienced severe flooding those western companies got hit. what is attractive about thailand for long-term investors? >> it's mainly political to begin with. as you know they went through a lot of political turmoil. you had the red shirts, the yellow shirts, fighting on the streets of bangkok and so forth but they have a fufl foundation for political stability which is very good. and also they have a very diversified economy. >> we'll continue talking with mark mobius tomorrow, china's communist party selects a new set of leaders this week. we will talk about how this change in power could impact china's economic relationship with america, and american investors. >> reporter: i'm sylvia hall in washington- still ahead, u.s. borrowers owe more than $1 trillion in student loan debt. so could helping them pay it down be a $1 trillion industry? i'll introduce you to some entrepreneurs who think so. >> susie: besides the fiscal cliff, investors and traders on wall street were talking abo

will be replaced by two women who worked with him. he's the second high-level executive to leave a technology giant in as many weeks. the head of apple's iphone software unit left in a management shake-up late last month. >> susie: want more evidence that a housing recovery is under way? look no further than home depot's latest earnings report. the home improvement chain released positive third quarter earnings, but it's the company's outlook for the future that is getting the most attention. erika miller reports. ( hammering ) >> reporter: you could say home depot "nailed it," reporting bett than expected third quarter earnings. profits rose 23% from a year ago to 74 cents a share. revenues were up nearly 5%. and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors ofhe economy throu demd for building materials, through more de

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of another republican. we keep forgetting that. we're not using a new technology. romney, i think there was prejudice in the party against his mormonism. i think a lot of evangelists stood back as they did when john mccain ran. we were 3 million votes down. i would like to hear what the other republicans have to say about that. i think bobby jindal is going down the wrong route in jumping on romney now. we had fractional primaries and that took a lot of steam out of romney and set us up for the democratic assaults. host: in georgia now, charles. caller: calling from cleveland, georgia. i believe the republican party pass to get back to the constitution. these undeclared wars have to stop. we threw away the ron paul supporters. we needed them to defeat obama. romney did not mention the constitution many times -excuse- me, i'm nervous. we have to go back to the constitution. if the republicans don't go by the constitution, they are no better than the democrats. host: plenty more time for your voices. looking for your phone calls, facebook posts, and tweets. more from the weekend act

pressures and the uncertainties, and also other technology companies really did not have very good quarters as well. i thought the company did a very good job on execution, on cross control and market share gains. the fact that this company is grow revenues at 5.5% while its peers saw revenues decline 4.3% in the same time period, it really speaks to the market share gains that they're seeing and that the clear highlights to me were service provider video, retireless and data center all growing double digits nicely. >> kelly and i were talking about this earlier. cisco seems to sort of outperform -- seems to be an outliar. does well when others aren't and doesn't do well when others are. i'm wondering is that actually the case? because that's the appearance. and indeed whether we can take anything for the sector from this. >> i think the one thing that if you want to take away from cisco's quarter is that the u.s. enterprise for cisco grew 9%, versus 5% last quarter. that's the second quarter in a row where you saw acceleration. and this is a leading indicator for its broader businesses. th

? we'll show you the brand new technology that the government wants in every car in the country. >>> but we begin this morning with a look at today's eye opener, your world in 90 seconds. >>> when they go after the u.n. ambassador apparently because they think she's an easy target, then they've got a problem with me. >> president obama fires back at republican critics. >> the controversy over susan rice calling the deadly attack on the u.s. consulate in benghazi spontaneous has reached a boiling point. after republicans threaten to block her possible nomination to secretary of state. >> the president thinks we are picking on people, he really does not have any idea of how serious this issue is. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >>> david petraeus will be on capitol hill tomorrow to testify about the september 11th attacks onhe u.s. consulate in benghazi, libya. >>> we now know the identity of the fbi agent who triggered the investigation into the petraeus affair. >>> three people have been killed after rockets wer

technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> ruckus wireless celebrating its ipo today. trading lower by 2.5% right now. joining us is selina lo. great to have you with us here at post 9. >> hi. >> so many other ipos this week withdrew because of market conditions. you opened at 15 but the stock is trading lower. any regrets? any thoughts about possibly delaying this thing prior? >> no. we had had incredible reception when we were on the road. we had some high quality investors. i believe that this -- we can't control the economy or the stock market but we feel good about our economy and the level of interest. >> ms. lo, can you talk about who your competitors are and one of the things we've been talking about is dell is going by the wayside. sears. who are you replacing? who would i have used before and now i use you? >> we make wi-fi equipment for service providers and enterprises. our equipment is extremely reliable and easy to deploy. and now with so many mobile devices and the whole interest in mobile internet, we are

, the peaceful march across the world across the parched land and the dense rain forest of the congo. technology is transforming thicks. everything is speeding up. everything is opening up. now if i can talk about something i actually know about for a moment. this feeling reminds me a little bit maybe more than a little bit of the arrival of punk rod in the '70s. you see, the clash or the baffs of the rock and roll pyramid, and overnight gave the finger to the dreadful business, the top of the pyramid, it was called progressive rock. open sick songs. no good lyrics. [laughter] great reviews. [laughter] punk bands made no pretends of being better than the audience. they were the audience. if you. ed to play, grab a guitar. energy was in. the clash like a public service announcement with guitars. and they gave u12 2u2 that social act vifm could make as a musical rite. i like to point out that none of your professor, not a single one has ever drawn or likely to draw the connection between the arab spring and the clash. [laughter] [applause] just a little intermission. and okay. sharpen your pencils

of the information technology boom, creation of private credit and, therefore, rapid increase in tax revenues. and so what stephanie showed, this was something that was not forecast at the time. at the time those who were there in 2000 remember that the secretary of the treasury at the time was -- and the chairman of the federal reserve -- were talking about a 13-year horizon for the complete elimination of the public debt. and the congressional budget office was not forecasting that the information technology boom was an aberration that would come to an end, but it did. and from 2000 forward we were back into the much more normal position of the united states government running substantial budget deficits. and as the private sector rebuilt its financial position. so that's the first point is that long-term forecasts, the idea that one can control the future position of the debt and the deficit by actions taken today is an extremely tenuous and debatable idea. second point is that there are certain assumptions being made which create extremely ostensibly scary scenarios. those numbers that show and,

there are interesting investment opportunities in technology, in home builders that have pulled back, but we're not quite there yet. i think we'll get that opportunity in the coming weeks. >> you think there will be a lot more volatility and what we've seen will continue? >> yeah, take a look at the lame duck sessions of the last 50 years. volatility is three times higher in lame duck sessions. so expect that. plus every one of them, we've seen the market decline. even with major accomplishments like increasing the debt ceiling. so still likely to see some down side. i don't being ythink you need t about missing it. the big he risk is being too early coming back in. >> what are the tech names that you like? >> in the technology sector, there's a lot of interesting opportunities. mainly those that export. china's growth is beginning to improve. they buy a lot of capital equipment from us. so it's the big names in technology that provide a lot of that export capital equipment that we think will buns back the strongest in the first. >> bob, another thing we've been talking about is the people h

strikes me as a step to get the behavioral change and the technological innovation we will need to adjust and adapt to what we have already done. a carbon tax also raises revenue in a way that could be used in different forms. it has an additional benefit associated with it. i am in favor of it. i do not think it is remotely plausible within the narrow political discussion we're having today. >> we start seeing gasoline prices coming down because the price of oil starts to fall because of all the activity producing in this country, maybe that will be an opportunity to increase the federal gasoline tax. with 50 cents a gallon federal tax. >> the only problem is from a climate perspective, transportation and gasoline is a small share of the problem. the problem is really in the energy sector. without a carbon tax, you're not directly getting at that. >> i think the carbon tax makes enormous sense to do with the environment impact of energy use. you can design one in a way that does not cause too much harm for american industries that compete with folks abroad. consumption tax, there are thi

. in energy we have created 1 billion pounds for capture in storage, one of the key technologies of the future. we created the world's first green investment bank. we're pioneering a new incentive for heat systems in people's homes, and we are putting in place a robust financial framework to incentivize renewable electricity. as a result, more than 12 billion pounds has been committed to into renewable projects in the u.k. and the past 18 months alone with the potential to support around 20,000 new jobs. we've also created new incentives to squeeze more oil and gas out of the north sea, including from the marginal fields. when we see opportunity, we must go for it. look at the way we of got behind tech city right here in london. two years ago there were around 200 digital companies. today there are 1200. with major tech companies like amazon and facebook setting up developer centers, this is now becoming the fastest-growing technology cluster anywhere in the world. we will be publishing new strategies for aerospace and ameritech, alongside it clear, offshore renewable and more to come. this st

.s. department of education. his district includes silicon valley, the birthplace of technology. mike has dedicated his life to public service and is lauded for his work on education, civil- rights national service, immigration, transportation, the environment, and high-tech issues. >> he is also the greatest karaoke sing their -- singer and all of congress. -- in all of congress. [applause] >> he just told me i had five minutes. what do you think of this program? [applause] it is about time. i want to thank francis and fong. i think this is the very first statewide heritage month held with the mayor of san francisco. let me say something about heritage month in san francisco and your mayor. in the old days, you remember san francisco was known for passing all of these anti- chinese ordinances to limit the movement, the productivity of chinese in the city. we know two things. change happens. maybe the state of california is the state of golden opportunities, where we have a chinese-american mayor of san francisco. 35 years ago, congress members passed similar resolutions in both house and

to technology. >> the reality show is called "silicone valley" and it's now starring on bravo. the show benefits from the convergence of technology and pop culture. check it out. >> technology is such a part of pop culture. it's a part of all of our lives. it's a part of how we parent our children. it's a part of how we get jobs. it's a part of how we find love. most people are within an arm's length of their mobile phones, like, 99% of the take. >> randy zuckerburg took the company public to start her own media company. >>> several stories caught our attention today. photos as well. take a look. in india a little girl holds a stick to balance as she tight-ropes in the streets. children earn a meager living for their families by street prfling. >>> this town was bombed by syrian forces. more than 100,000 syrians have fled to turkey since syria's civil war began just last year. >>> in new zealand prince charles learning how to use a gun used to make carpets. the royal logo is on the one he is working on. it's part of the queen's diamond jubilee float. >>> this is cnn newsroom. new details now on

overtake banks to increase output by new exploration technologies. >> this comes from the iaea which released the world energy outlook 2012 on monday. the iaea predict greater oil and natural gas production, as well as rising energy efficiency, will allow the u.s. to become nearly self-sufficient by the year 200035. itself-- 2035. >> foreign imports are still 35 %. according to the iaea, by 2017, teh u.s. will over take saudi arabia. new methods for extracting oil and a shell gas reserves will be responsible for the turnaround. -- oil and shale gas are r esponsible. energy is in many industrial nations will fall slightly. it is a different story in china, india, and the middle east were declines will move sharply over the next decade. the international agency -- energy agency believes many will be shipped to asia in the future radically changing the map of global energy flows. >> and no major plunge for the dax today. we on this report from the frankfurt stock exchange on what is moving today. >> to 0.7%, the german stock index, lost in the previous week, so maybe it is already good

are a proct of evolution. >> humans develop so many technologies, but always the hint or ideas are coming from human beings. are we going to use more robots and a robot will take a very important role in society. >> his robots recently appeared in a stage play in italy and in denmark they will join an experiment for the elderly. >>> many people living in japan along the sea of japan coast are experiencing stormy conditions. >> here in japan we are dealing with unstable conditions and upper cold air combined, making this nasty weather. fukui prefecture saw lots of hail and that was reported, so that will be persisting across similar regions all the way up towards northern japan on the sea of japan flank here. but also thunderstorms, frequent lightning, strong gusts. gusts of 75 kilometers r hour reported in niigata prefecture. on the pacific side as well, winds are going to be strong, picking up waves about 3 meters high. on top of that, really cold air is brought across much of the country and keeping things really chilly. this morning we saw very chilly weather. temperatures dropping down to

technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> they're the stuff of horror movies and urban legend. the most terrifying creatures mother nature has to offer. and one adventurer has made them his life's work. here's abc's matt gutman. >> reporter: blood thirsty beasts that feed on human flesh. aquatic assassins that drag swimmers to their deaths. myths, you might say, but sometimes truth is stranger than fiction. that's where richard comes in, the swash buckling filmmaker, survivalist and hair product pitchman. okay, maybe not the last one, but he could be. richard is the host of nat geo's "man versus monster." he travels the globe to unravel the mysteries behind the myths. >> it's a great reason to help find out the truth. to hear their stories and try to work out

because of technology is, look around the exchange. there used to be 10,000 guys in the pits. guess what? they trade on a screen now, and that has changed the employment picture. > > there are different times of uncertainty. if you are in a plane and the pilot's uncertain he can land safely, you are going to have a different concern than if there's uncertainty whether you're going to get your coffee or maybe some tea. > > i am not completely certain my tooth isn't going to get knocked out, but i still brush my teeth. > > but again, it's how much danger is looming, and right now, the danger that's looming is still a little bit more uncontrollable. > > sky is falling! sky is falling! sky is falling! > > round two: high commodity. what's likely to happen with the price of marijuana now that it's legal in states such as colorado? that rocky mountain high. > > you want to go ahead and incriminate yourself on this one? > > i am not going to incriminate myself. i am not a marijuana user, but i do think there are some tax benefits from this situation, and it's just another crop. you have to thin

reason, because the technology in our ships was the best in the world. the results are true, that the training and the spirit of our sailors was superb. and we had absolutely first-class leadership in the navy. you will hear later today from admiral gary some examples of just how impressive that leadership is. the operational readiness of the fleet was a result, first of all, of having bases all around the world. but secondly because the strong program of exercise we conducted. the exercises were not only conducted on military scenarios, but we had an extensive set of exercises involved in humanitarian response. during the time i was secretary, we had a disaster response very similar to the one they're doing here in san francisco today. we bought naval forces from the united states, from russia and japan all to honolulu where we had simulated a tsunami disaster. and these three great nations brought their fleets to honolulu exercising how to respond and alleviate that disaster. well, that was then. how about now? last year the united states released a new security strategy.

a trade surplus for the first time in almost 40 years. with technology invest in the u.k. now at a 10-year high, it is not just the old industries growing again, it is the new. with all this and more, i truly believe in this new century, just as of the sentries that came before, our country, britain, can succeed. let me turn to hal. helping britain's sell abroad is of vital part of the answer. -- let me turn to how. our country will only rise if we let our people rise. if we back aspiration of those that want to get on in life, that means sorting out the welfare system and education, because the most powerful na

quarters. >> we've had five years of extraordinary transformation in the whole technology industry. when you think it's only five years ago that we didn't really have smart phones, we certainly didn't have tablet computers. all companies are trying to adjust to those changes to the rise of social network, the move to mobile, and in that move, there are winners and there are losers. and the losers are scrambling to try to do something about it. >> they are. julie larson green is taking over the position. she's been appointed as the leader for all the engineering. >> we'll see how miss green gets on. from green to greek. >> it's going to be greece all this week. good news, bad news. those eurozone finance ministers gave an extra two years. so athens now has, well, from 2014, it now has a 2016 deadline to reach all those targets to cut their deficit. the bad news, those same finance ministers continue to postpone that extra chunk of bailout monday. >> wasn't it friday? >> well, they wanted it by this $40 billion, they wanted it this friday, because come this friday, athens has to pay out fi

volkswagen didn't make good on the promise to share environmental technology. volkswagen denied the claim. at the hearing, an arbitrator will hear arguments from both sides and sort out the issues. a decision by the court is legally binding. >>> researchers from germany, switzerland and austria unveiled a robot they say can walk around and find its way even in crowded cities with some help from people. the researchers say the robot iuro, interactive urban robot asks people for directions to get to its destination. >> in seems to recognize speech and detect obstacles in its way. it follows instructions like go straight and turn left. when iuro arrives at its destination, kit ask if it's in the right place. the researchers are hoping to develop robots that can help elderly people and others in the future. >>> that's all for now in business news. i'm going to leave you with the recap of market figures. >>> tokyo has been enjoying a break from the rain, but that may not last with the storm headed this way. rachel ferguson has the latest in weather. >> that's exactly right. there's a snowstorm

store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our classic series special edition bed set and for 5 days only enjoy 36 month financing on selected beds but only through monday. you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >> a devastating explosion at a neighborhood in indianapolis. the force

. >> an upgrade. >> emerging markets talking about china expansion. one of the attempts to get technology going here. >> marathon this time. >> important to talk about israel and gaza. this company has unique american assets. oil and gas will be great here. >> a final upgrade. >> this is my favorite international company. they are moving it everywhere. india, china, people drinking whisky like mad. >> big deal with india in the past couple of weeks. >> i met with my friend johnny walker black over the weekend. >> how is johnny doing? >> it was at a wedding. he is always there. >> he's a great guy. he should meet by buddy jim beam. >> what's on mad tonight? >> we'll talk about fiscal cliff saying, listen, here's what happens if we solve it. i think this rally today is about solving it. and i'm going to present the world view that is going to be just unbelievable if we get this thing solved which would make a lot of stocks go up dramatically including apple where we would finally get a sense that maybe it's not worth selling because the capital gains tax may not rise that much. >> on friday night

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